Brookfield’s 5M is officially open. The ribbon-cutting event was held yesterday, with San Francisco Mayor London Breed and other speakers in attendance. For over a decade, the project has been in the works to replace four acres of surface parking with the city’s newest office tower, a 302-unit apartment complex, a park, and adaptive reuse of historic buildings. 5M, named for the adjacent intersection of 5th and Mission Street in SoMa, is a joint development with Brookfield and Hearst.
Brookfield Properties has announced that leasing is underway for The George, a residential tower at 434 Minna Street in SoMA, San Francisco. The 20-story apartment building is a part of the 5M development, which has changed four acres of former surface parking into a mixed-use pedestrian-oriented complex. 5M is being developed by a partnership with Brookfield and Hearst.
San Francisco has published their first review of the Stonestown Development Project. The planning department has published their Preliminary Project Assessment (PPA), kickstarting the multi-year entitlement process between the City and the project developer, Brookfield Properties. As it stands, the project aims to replace over two dozen acres of surface parking around the mall with thousands of homes, new shops, office space, a hotel, and public parks.
New renderings have been revealed for Pier 70 Parcel A, part of the 28-acre Pier 70 mixed-use development along the San Francisco waterfront. The new illustrations came along with the refilling of the project’s development agreement, providing a detailed project description. Brookfield Properties is responsible for the project.
A year after SFYIMBY first covered San Francisco’s only new office tower to be delivered in 2021, construction work is wrapping up at 5M on 415 Natoma Street and 434 Minna Street in SoMa. Located by the 5th and Mission Street intersection, Brookfield is readying the new office tower and residential tower, expanding the high-rise plateau southwest of the Yerba Buena Gardens and Moscone Center. Brookfield and Hearst are jointly responsible for the billion-dollar project.